Centurion is home to some of the best golf estates
Although golf estates account for only a fraction of the more than 6,500 gated estates nationwide, they are considered highly desirable investments.
Golfing is a major attraction for people buying in golf estates, but Tiaan Pretorius, manager for Seeff Centurion, says it is also about security, and the convenience of leisure amenities, and often also easy access to great schools. Golf estate buyers and investors tend to be predominantly in the 35-65 age group.
While golf estates make up only a percentage of the over 6,500 gated estates countrywide, they are regarded as great investments. According to a New World Wealth Report, the growth in estates is not confined to South Africa, but a global wealth trend as high-net-worth (HNWI) buyers migrate increasingly to especially golf estates.
Aside from achieving some of the highest sales prices, golf estates offer good investment prospects as they are popular for rentals, says Pretorius. Gauteng has the highest volume of golf estates with a number of these located in Centurion, some with Gary Player, Ernie Els, and Peter Matkovitch courses, says Pretorius.
Aside from access to golfing and impeccable grounds, security, amenities and a choice of luxury homes are part of the attraction. Pretorius says that while golf estate homes generally come at a premium price, Centurion offers excellent value with most sales in the R3m to R6m range, and high-end homes in the R9m to R18m range. There are also more affordable sectional title options in many of the estates.
Centurion Golf Estate with its Peter Matkovich golf course, clubhouse with a restaurant, tennis and squash, and beautiful parkland grounds is a popular choice for luxury buyers. The estate is an excellent investment, says Pretorius.
It has achieved high sales volumes during the 2021-2023 boom period with price growth of around 28% over five years. It offers a choice of homes selling from R3.8m, and excellent value luxury homes overlooking the golf course priced from R13.5m (670sqm home with stunning architectural features) to R16m (650sqm home with a flat).
Also on the upside for those looking for a solid property buy or investment, is the Blue Valley Golf and Country Estate features a Gary Player golf course, and a host of amenities, and luxury homes which have sold for up to R7m. There are also sectional title options in the estate.
At the high-end buyers is the Blair Atholl Golf and Equestrian Estate, also with a Gary Player golf course along with equestrian facilities, and high-end homes which have sold for R7.5m-R22.9m last year.
Another top choice is the Copperleaf Golf Estate which features an Ernie Els golf course, and is located on his grandfather’s farm with spectacular views of the Magaliesberg Mountains. Houses here have sold for R5m-R8m last year.
Other popular estates with golfing include the Zwartkop Golf Estate where houses have sold for up to R6m. Thatchfield and Midstream each offer a 9-hole course, and both are good investments, says Pretorius.
Thatchfield has extras such as tennis, basketball, an all-purpose field, and communal braai areas. It is very affordable and popular with first-time buyers, with houses sold in the R2m-R3m.
Midstream is popular with families, offering great amenities such as sports clubs, parks, recreational areas, and shopping and schools on hand. It also includes more affordable sectional titles. Luxury homes have sold for up to R7m last year.
Estates with access to the Irene Country and Golf Club include Southdowns which offer a blend of rural and urban living with a working dairy farm. Houses have sold for R3.5m-R8m. 10th Lane Estate also offers access to the Irene Golf Club. Houses have sold for up to R6m.
Pretorius says aside from an exceptional lifestyle and access to world-class golfing, top-notch amenities and stunning views, golf estates have achieved good capital value growth over the last five years, especially during the 2021-2023 boom period.
Issued by: Gina Meintjes
